2013 and earlier-Acura RDX Lease Questions

Comments

Hi mazzman1. This vehicle's lease program varies by term and mileage allowance. You never mentioned what either of these variables are, so for now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different.

Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a base 2009 Acura RDX with 15,000 miles per year are .00090 and 48%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier and pay a security deposit at lease signing. The numbers for an otherwise identical lease of an RDX with the Tech package are .00090 and 47%.

In lieu of this special lease program, Acura is offering 0.9% to 2.9% special financing on the 2009 RDX, but no cash incentives.

Acura says $641.53 per month with taxes rolled in - only first month due at signingEdmunds says $615 per month. I'm trying to figure out where the difference is.

Any thoughts? Dealers seem willing to privde the detailed worksheets but I wonder if the numbers always add up. Assuming the residual and money factor are accurate and the negotiated price is acceptable, where can they (dealers) play games with the monthly?

Would anyone with access to this information be so kind to post it? I'm looking for the current AHFC lease money factor and residual for a 36/15 lease on a 2009 RDX w/tech package. I understand there is now (post 1/5/09) $2500 marketing support for this vehicle versus $1500 before 1/5/09. I'm hoping the residuals didn't drop (or the MF's went up) so much such that the additional $1000 is negated.

My husband and I visited an Acura dealer outside Chicago today and got these numbers on the RDX. Please tell us what you think. The monthly payment still sounds high to us. Is the MF out of whack or something else? (Unfortunately in IL we pay 9.25% sales tax on the full price of the vehicle, even if we are leasing.)

Thanks for your response, kyfdx. I guess it does make more sense for us to buy because of that darn Chicago lease tax. Acura did mention an incentive where we could get 2.9% APR financing on a 60-month loan for the RDX, which we thought sounded pretty attractive.

(The financing incentive is 0.90% for 24-36 months, or 2.90% for 37-60 months, for customers with good credit.)

Here's the information that you're looking for, ronbars. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Acura RDX with the Tech Package and 15,000 miles per year are .00250 and 46%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.

When negotiating your lease on this truck, make sure to take the $2,500 dealer cash incentive that is available on it into account. It will help you to negotiate a capitalized cost that's well below dealer invoice.

The residual took a little bit of a hit but they sure raised that money factor... it was 0.0009 before 1/5/09. The new higher MF and lower residual sure strip away a lot of the benefit from the $2500 factory to dealer incentive. My current lease ends in March so I'm hoping they bring back a lower MF by then.

Mets2009, where are you located? Let us know the price if you go to the dealer to trade your vehicle. I'm not really in the market for the RDX but if you want to sell it privately at a price just slighty higher than the dealer's, please post. Thanks.

I'm in NYC..Privately i'm thinking of selling it for $34K. I think thats fair. The only thing is that I havent received the title from the DMV. Its been over 3 weeks since i purchased the car. I can't sell the car without the title. Let me know if your interested.

Hi Mets2009,The $34K seems a bit high for an already "used" car (technically speaking). I've seen prices from mid $32K on this forum for an 2009 RDX Tech.Anyways, good luck on selling your car. Regards.

Hi Mets2009. I don't believe that you are going to receive the title to your RDX from the DMV if you are leasing it. The bank that you are leasing your vehicle through, likely Honda Finance, holds the title unless you buy your truck from them.

As far as how much you are going to be able to get for this truck goes, I personally doubt that you will find anyone who is willing to purchase an MDX that is technically used for much more than $31,000. A savvy consumer who is in an area that has a decent level of competition would likely be able to get a brand new one near dealer invoice minus the $2,500 dealer cash that is available on it...around $32,250.

Current MF and residual for the South East Coast on the RDX Base please. They haven't been very favorable lately from what I can see for the Tech pkg, but have not seen any current info. for the base lately.

Hi billri. You never mentioned what this vehicle's selling price is. This is a very important number for you as a lessee to find out. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without this number, it is difficult to tell how much of a dealer discount you are getting and in turn whether there is any room left to negotiate. Let us know what this number is and I am sure that either myself or another knowledgeable community member will be happy to give you their opinion on it.

Greetings tlinsc. This vehicle's lease program varies by term and mileage allowance. You never mentioned what either of these variables are, so for now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different.

Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Acura RDX Base with 15,000 miles per year are .00250 and 47%, respectively for consumers who qualify for its "Super Preferred" credit tier. You will be able to get a slightly lower payment on a 39 month lease. The money factor for that term is the same, but the residual value is 1% lower.

Has anyone considered trying to get out of their RDX leases in favor of a newer model? I nearly paid sticker on a lease in Sept 07 for an 08 RDX Tech model. 09 Tech are cheaper still. Eager to hear any experiences to help guide in the process.

Hi gasket100b. I am sorry to say that it is usually fairly expensive to get out of leases well before their scheduled end dates, even if you are trying to get into a newer version of the same vehicle. In order to do so, you need to purchase the RDX that you are currently leasing from the bank that you are leasing it through. It often turns out that it costs more to do so than your vehicle is worth on the open market. Furthermore, many banks expect consumers who end their leases early to still make all, or at least the depreciation portion of their remaining lease payments. As you can see, this can get very expensive.

You can determine approximately how much it will cost you to get out of your current lease by comparing its purchase price to its value on the open market at this time. You should place a call to the bank that you are leasing your vehicle through to find out its exact price. Once you know exactly how much money it is going to cost you to buy your leased vehicle you need to compare it to its current value on the open market. You can find out approximately what your vehicle is worth by looking up its Edmunds.com True Market Value in the Used Vehicle Pricing section of this site. You also may want to stop by the following discussion: "Real-World Trade-In Values". Don't forget to check to see if you are still on the hook for your remaining lease payments. The difference between your leased vehicle's current value and how much it will cost you to buy it plus any remaining lease payments that you are obligated to pay will equal the cost of getting out of your lease right now. You probably will find that you are better off waiting until you are closer to the scheduled end of your lease to get another new vehicle.

Hi tlinsc. Honda Finance's March lease program for the 2009 RDX is very similar to its February program. It is still providing $2,500 dealer cash on this vehicle. Its residual values have dropped by 1%, but to help offset that Acura has enhanced its special lease money factor to .00215.

Hi p996. Honda Finance's current buy rate lease money factor and residual value for a 24 month lease of a base 2009 Acura RDX with 15,000 miles per year are .00215 and 53%, respectively. The numbers for an otherwise identical 36 month lease are .00215 and 46%.

When negotiating your lease on this vehicle, make sure to take the $2,500 dealer cash that is available on it into account.

Here's the info that you're looking for, amgrouchy1. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Acura RDX Tech with 10,000 miles per year are .00215 and 48%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.

When negotiating your lease, make sure to take advantage of the $2,500 dealer cash that is currently available on this model.